Montana Code 33-17-217. Limitations and rights under temporary license
33-17-217. Limitations and rights under temporary license. (1) The commissioner may not issue more than one temporary license, to or with respect to the same individual to be licensed, within any 12-month period.
Terms Used In Montana Code 33-17-217
- Individual: means a natural person. See Montana Code 33-17-102
- License: means a document issued by the commissioner that authorizes a person to act as an insurance producer for the lines of authority specified in the document. See Montana Code 33-17-102
(2)The temporary license may cover the same kinds of insurance for which the insurance producer being replaced was licensed.
(3)As to a temporary insurance producer’s license issued on account of the death or disability of an insurance producer, the licensee may represent all of the insurers last represented by the deceased or disabled insurance producer, but the licensee may not be licensed for an additional kind of insurance under the temporary license.
(4)A temporary licensee has the same license powers and duties as under a permanent license.